Zodia Markets, the cryptocurrency arm of British bank Standard Chartered, is in talks to buy Elwood Capital Management, a cryptocurrency company backed by billionaire hedge fund manager Alan Howard. The deal, expected before the end of the month, will strengthen Zodia's position in providing OTC settlement services. 📉 Although Zodia shut down its services earlier this year due to weak demand for crypto products, Standard Chartered continues to expand its presence in the crypto industry."